Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.029%
Price spread now: GMX against Variational Omni+0.602%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.602% dearer against Variational Omni than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WIF | 0.2444 | 0.0100 | pay 0.0050% / 4h | 57m 00s | $72K | $68K | — |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2459 | L +0.0191% / S −0.0138% | get 0.0017% / 1h | 57m 00s | $6K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.08
- Price spread: +0.602% → 0.000%
- $60.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $56.31
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Variational Omni and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WIF on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0602% | 1h | 0.2459 | +0.586% | $75K | $247K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0020% | 4h | 0.2464 | +0.811% | $4.3M | $11.3M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2456 | +0.470% | $18K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2460 | +0.648% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2460 | +0.630% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −2.012% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2460 | +0.648% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2460 | +0.644% | $134K | $555K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2458 | +0.566% | $55K | $485K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2464 | +0.815% | $7.6M | $4.0M | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2464 | +0.803% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2456 | +0.486% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2466 | +0.888% | $18.5M | $102.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2464 | +0.811% | $17.1M | $35.5M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2469 | +1.016% | $6.2M | $32.2M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2464 | +0.811% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2465 | +0.852% | $22.4M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2466 | +0.893% | $7.6M | $11.8M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2461 | +0.689% | — | $2.3M | — | as long as short |
| Variational Omni WIFlong | +0.0100% | 4h | 0.2444 | long leg | $72K | $68K | — | |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2451 | +0.293% | $279K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2455 | +0.443% | $43K | $620K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2458 | +0.566% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2460 | +0.648% | $564 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2456 | +0.484% | $170K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2465 | +0.833% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2460 | +0.648% | $82K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0191% / S −0.0138% | 1h | 0.2459 | +0.602% | $6K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2462 | +0.729% | $324K | $2.4M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0317% | 1h | 0.2462 | +0.714% | $656K | $2.2M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2456 | +0.484% | $997K | $726K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2460 | +0.654% | $0 | — | 15x | as long as short |
Variational Omni WIF
GMX WIF/USD [WBTC.b-USDC]
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
BloFin WIF-USDT